The Swiss insurer has committed to making its investment portfolio net-zero by 2050 and its Malaysian unit is already taking steps in that direction.
Impact investing is one of four key priorities for one of the world's largest environment-focused asset owners.
There are few investment opportunities in Asia and a lack of data is holding the sector's development back, experts told AsianInvestor.
Combining public and philanthropic funding with private capital is growing in Asia as a way to fund sustainable development projects. But scaling up this innovative model still requires education, incentives and aggregation of deals.
The Canadian pension fund investor is on a mission to steer private capital towards tackling sustainable development, with the goal of turning climate action rhetoric into reality.
The Monetary Authority of Singapore's transition credit initiative, which aims to hasten the phase out of coal, can greatly benefit asset owners, although the gains could take time.
Emerging markets present a $330 billion opportunity per year in green investments, a recent report noted, and highlighted four sectors ripe for private capital deployment.
Carbon finance can incentivise climate action and be especially useful for emerging markets that don't have funds to carry out nature-based restoration or conservation projects, says a GenZero executive.
The announcement was part of six climate finance commitments made by British International Investment at the ongoing UN climate change conference, known as COP28, in Dubai.
A company’s intentions and targets are no longer enough for investors, according to the two asset owners.
For KWAP and PNB, embedding ESG standards into investment strategies is relatively painless, and ESG-related megatrends are flourishing.
The Temasek unit believes nature-based solutions are a critical lever in becoming carbon-neutral and focuses on companies and projects that are looking to scale up globally.